Aboki Naira to Dollar Black Market Exchange Rate Today, 20th February 2026

The Nigerian Naira held steady in the parallel market on February 20, 2026, with the black market exchange rate for one US Dollar quoted around ₦1,330 according to Aboki Forex and aggregated user reports from platforms like NgnRates.

Dealers in major cities, including Lagos, Abuja, Port Harcourt, and Kano, were buying dollars at approximately ₦1,305 and selling at ₦1,330 to ₦1,340, though some sources indicated slight variations, up to ₦1,355, for sell rates depending on transaction size and location.

This narrow range reflects continued stability, with the premium over the official rate remaining minimal at roughly ₦15 to ₦20. In the official Nigerian Foreign Exchange Market, the Naira opened near ₦1,344.74 per dollar and traded around ₦1,345 by mid-session, supported by sustained Central Bank interventions, higher external reserves, and improved forex inflows that have helped narrow the gap between formal and informal segments.

Market participants attribute the resilience to ongoing policy measures that integrate Bureau De Change operators and reduce speculative pressures. Rates in the black market fluctuate in real time based on local supply and demand, so individuals should confirm current quotes directly with trusted dealers before any exchange.

This snapshot draws on live tracking sites and reports as of mid-February 20, 2026, showing the Naira with overall positive momentum in recent weeks amid expectations of further consolidation if inflows persist.